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2016 OECD Economic Outlook, Volume 2016 Issue 1

image of OECD Economic Outlook, Volume 2016 Issue 1

The OECD Economic Outlook  is the OECD's twice-yearly analysis of the major economic trends and prospects for the next two years. The Outlook puts forward a consistent set of projections for output, employment, prices, fiscal and current account balances.

Coverage is provided for all OECD member countries as well as for selected non-member countries. This issue includes a general assessment, a special chapter on promoting productivity and equality, a chapter summarising developments and providing projections for each individual country and a statistical annex.

 

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Lithuania

GDP growth is projected to gain momentum in 2016 and 2017, thanks to a recovery in key export markets. Domestic investment will accelerate as confidence strengthens and real interest rates stay low. At the same time, improving labour market conditions and high real wage growth should support private consumption and put pressure on inflation.

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